Employee Lease Addendum For Rent Increase In Montgomery
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If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
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FAQ
Montgomery County Lease Renewal Amendment (1210) The title was changed; the renewal notice period was changed from 60 to 90 days; the rent increases section was modified; there are now one-year and two-year extension options.
There is no rent control in Maryland at the state level, meaning there is no cap on the amount of rent that can be raised.
The landlord must then notify you in writing that the notice is void or that it has been amended to reflect the allowable rent increase, which is CPI-U + 3% but may not exceed 6%.
In general, things to include in a lease addendum might be: Your name. The rental property address. The tenant's name. Relevant policy/information (that complies with your state/municipal's rental laws) Consequences for breaking any contract agreements. Space to sign & date for landlord. Space to sign & date for tenant.
Section 29-27(w) of the Montgomery County Code requires that all licensed landlords attach the Lease Summary to each new lease.
Effective July 23, 2024, to June 30, 2025, the CPI-U is 3.3%, so the maximum rent increase allowance is 6%.
Draft the amendment: The landlord should draft and review the lease amendment agreement. Verify that the changes comply with state and local laws. Also, check that there are no conflicts with the original lease agreement. Sign the amendment: Both the landlord and tenant should sign the new lease amendment.
Under AB 1482, landlords can raise rent by a maximum of 5% plus the local CPI or 10%, whichever is lower.
